Grand City Properties

Grand City Properties, an entity in the real estate services sector headquartered in Luxembourg, has reported its carbon emissions across various scopes. For the reporting year 2024, the company's total emissions were approximately 130.8 million kg CO2e. This figure comprises Scope 1 emissions of about 8.3 million kg CO2e and Scope 2 emissions of approximately 13.6 million kg CO2e (market-based). Scope 3 emissions for 2024 were reported at about 74.4 million kg CO2e.

In the preceding year, 2023, total emissions stood at approximately 128.5 million kg CO2e, with Scope 1 emissions around 7.8 million kg CO2e and Scope 2 market-based emissions totalling about 10.7 million kg CO2e. Scope 3 data was not disclosed for 2023.

Looking further back, for 2021, Grand City Properties reported total emissions of approximately 170.8 million kg CO2e. This included Scope 1 at about 11.8 million kg CO2e, Scope 2 at approximately 17.7 million kg CO2e, and Scope 3 at about 141.3 million kg CO2e. The combined Scope 1 and 2 emissions for 2021 were around 29.5 million kg CO2e.

The company has set a near-term climate commitment to reduce its CO2 emissions by 40% by 2030, using 2019 as a baseline.

While specific details about data cascading are provided, indicating that Grand City Properties is a current subsidiary of Grand City Properties S.A. and may inherit performance data from this entity, the emissions data presented is specific to Grand City Properties' own reporting. The organization also shows that CDP data is sourced from "Aroundtown SA".